Live Updates

The GBP/USD pair is rising, driven by a weaker US dollar, but UK economic uncertainties pose risks. Key levels are emerging for potential gains, while caution is advised for traders. – vtmarketsmy.com

The Australian Dollar is weakening amid rising US-China trade tensions and expected RBA rate cuts, creating bearish opportunities for traders. Consider shorting AUD against safer currencies like the Swiss Franc. – vtmarketsmy.com

The EUR/JPY is falling near 175.70 as the Japanese Yen strengthens on possible rate hikes by the Bank of Japan. Upcoming political developments could add volatility for traders in this pair. – vtmarketsmy.com

The USD/CAD pair dips to 1.4040 amid a US government shutdown and falling oil prices. Economic factors and interest rates impact both currencies, prompting traders to consider bearish options strategies. – vtmarketsmy.com

Gold prices are soaring toward all-time highs amid US-China trade tensions and expectations of Federal Reserve rate cuts. Despite overbought signals, bullish trends persist, presenting trading opportunities. – vtmarketsmy.com

The Euro strengthens past 1.1700, supported by France’s political stability and ECB’s cautious rate stance. Meanwhile, the US Dollar weakens amid a prolonged government shutdown. Bullish strategies on EUR/USD recommended. – vtmarketsmy.com

WTI Oil prices hit a five-month low at $56.52 due to oversupply fears and rising US crude inventories. The Trump-Putin meeting could impact global oil supply significantly. Traders should consider bearish positions. – vtmarketsmy.com

Silver prices dropped to $53.65 after hitting a record high due to profit-taking post-Diwali. Ongoing geopolitical tensions and expected US rate cuts may support a rebound, making this a potential buying opportunity. – vtmarketsmy.com

The People’s Bank of China set the USD/CNY rate stronger than expected, indicating resilience amidst economic growth. This move suggests reduced volatility and highlights efforts to stabilize the yuan amid market pressures. – vtmarketsmy.com

The NZD/USD is rising to 0.5730 amid US government shutdowns and anticipated interest rate cuts, creating opportunities for traders despite potential US-China trade tensions. Stay cautious! – vtmarketsmy.com